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Boulder City unveils $131 million five‑year CIP; $20.3M pool project funded by pool reserves and Track 350 sale
Summary
City staff presented a tentative five‑year Capital Improvement Plan totaling $131 million and a FY27 work program of $33.3 million, with the largest single FY27 project a $20.3 million pool paid mainly from the pool fund and $8.5 million from the sale of Track 350; staff said a utilities rate study will come to council in January.
Angela Manninen, the city's budget manager, told the Boulder City Council at a special workshop that the tentative five‑year Capital Improvement Plan (CIP) includes 53 projects totaling $131,000,000 and that fiscal 2027 alone contains 34 projects with combined costs of $33,300,000. "This year's proposed five year CIP plan has a total of 53 projects for a combined cost of $131,000,000," Manninen said.
The plan groups funding across multiple sources. Manninen said enterprise funds supply about 41% of five‑year funding (roughly $53,700,000), outside funding about 25% (roughly $32,800,000), governmental funds 17% (about $21,500,000) and voter‑approved funds 17% (about $22,000,000). She singled out the city's pool project as a major driver of FY27 allocations: "Our swimming pool recreation project construction of $20,300,000. The majority of that pool project is coming from our pool fund of $11,700,000. And also we have our first draw down from Liberty Ridge or Track 350. So $8,500,000 of that funding is going to our pool," Manninen said.
Manninen also explained rules governing the voter‑approved fund and other capital reserves. She said the city transfers up to $1,500,000 from the general fund into the acquisitions and improvement fund and that the voter‑approved fund provides a $1,000,000 annual allocation that may only be spent as voters approve. "We can only spend that $1,000,000 that was approved by voters, so it grows at about $3,600,000 annually," Manninen said, and she noted that proceeds from land sales must be appropriated by ballot question.
On utilities, staff previewed an independent rate study that will help set future timing for utility capital. Manninen said, "the contract will come to council in January, and then it will take about 4 months to complete, and they'll be implemented before next October and the rates will adjust if needed in October." Council members repeatedly stressed that the rate study may change the timing of electric and water projects and that some projects could be pushed out if rates or revenues do not support them.
The plan assumes substantial outside grant matches where available. For airport work, Manninen told council the FAA typically funds about 90% of eligible airport projects and the airport's enterprise account provides the local match. The proposed FY27 airport taxiway project is estimated at $1,400,000 with $1,200,000 from FAA funding and a 10% local match.
Staff said outreach drove several park projects: the proposed pump track, for example, originated in a resident suggestions portal. Manninen said the portal has collected roughly 245 suggestions and that staff will continue to incorporate community input.
Next steps and timeline: staff said the CIP was first presented to the Utility Advisory Committee on Oct. 1 and to residents, and that, depending on feedback, the council will revisit the tentative plan Jan. 13 with final adoption tied to the budget process in May.
What happens next: staff will return in January with the rate‑study contract and a revised CIP informed by council feedback; the council did not take any formal votes at the workshop.
